BUSINESS

Oil prices continue it rise amid bullish demand outlook and near-term constrained supply

Oil prices continue it rise amid bullish demand outlook and near-term constrained supply


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Oil prices continued it rise amid bullish demand outlook and near-term constrained supply. Greater-than-expected drawdowns in crude inventories over the past two weeks also supported the crude prices.

In intra-day trade, Brent crude was trading around 80 dollars per barrel while WTI crude prices were at 76 dollars and 20 cents per barrel.





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